golden triangle

PHOTO: SUPPLIED A family-owned portfolio of land has been released to the market around Pukekohe.

Nine blocks farm blocks with the potential for commercial and residential development in Pukekohe and Tuakau are up for sale.

The portfolio is owned by the same family that owns cropping company TA Reynolds.

The blocks sit within the ‘golden triangle’ of Auckland, Hamilton and Tauranga.

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Bayleys agent Duncan Ross said the Reynolds would retain a core productive component of their land, but a total of 216.35 hectares was being released for sale, comprised of nine multi-titled lots, much of which had been rezoned for potential industrial or residential development.

The properties would be sold by tender as separate lots or as a whole portfolio. The tender will close on July 3 at 4pm.